Links 25 January 2022

Global Macro / Markets / Investing:

Moderna Stock Crash Intensifies: Losses Top $130 Billion After Scientists Find Covid Boosters Aren’t Halting Omicron Infections – Forbes
In 2021, wholesale prices climb by about 10%, indicating that inflation is on the rise – Daily Stock Market News
Get ready for the four-day working week – FT
Big Tech Is About to Make Our Terrible Health Care System Even Worse – Jacobinmag
Bitcoin’s Business Economy Is Crumbling With The Currency Currently Trading At $37,500 – Coin Buzz Feed
Billionaires made $5 trillion in the past year—and their wealth is growing at an ‘unprecedented’ rate – CNBC
Stock market could drop another 10% soon: top strategist – Yahoo
Amazon stock just had its worst week since 2018 – CNBC
Cryptocurrencies lose $205 billion in 24 hours – Fortune

Americas:

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.